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July 12, 2026
 

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RYOSEI AKAZAWA

Prime Minister Sanae Takaichi speaks during a meeting on the Middle East conflict in Tokyo on Friday.
JAPAN
Jun 27, 2026
Japan to draw up energy-related package by end of August
Industry minister Ryosei Akazawa has been tasked with drawing up an action plan to address the energy risks that became apparent amid the Middle East conflict.
Japan and the International Atomic Energy Agency signed a memorandum in Tokyo on Tuesday to cooperate on the development of small modular reactors.
JAPAN
Jun 24, 2026
Japan and IAEA team up to promote small modular reactors
Small modular reactors (SMRs) are smaller reactors with simpler systems and enhanced passive safety features.
Trade minister Ryosei Akazawa attends Asia-Pacific Economic Cooperation ministerial meetings in the ‌eastern Chinese city ‌of Suzhou on Friday.
JAPAN / Politics
May 24, 2026
Japan trade minister holds brief talks with Chinese counterpart amid diplomatic row
Trade minister Ryosei Akazawa is the most senior ​Japanese official to visit China since a diplomatic dispute between the two countries erupted in November.
Minister of Economy, Trade and Industry Ryosei Akazawa (second from left) and State Minister for Foreign Affairs Iwao Horii (far left) attend a high-level economic dialogue with the European Union in Brussels on Thursday.
BUSINESS
May 8, 2026
Japan and Saudi Arabia to set up energy security task force
Discussions at the task force are slated to start early next week.
Industry minister Ryosei Akazawa (center) inspects the central control room at the Kashiwazaki-Kariwa nuclear power plant in Niigata Prefecture on Saturday.
JAPAN
Apr 26, 2026
Minister inspects Kashiwazaki-Kariwa nuclear plant
Akazawa made the visit after the No. 6 reactor of the plant restarted commercial operations on April 16.
An oil refinery in Yokohama. The government has stressed that the total volume of oil needed for Japan as a whole can be sourced from reserves and alternate locations that do not require transiting the Strait of Hormuz.
BUSINESS / Companies
Apr 17, 2026
Japanese government urges suppliers not to hold back critical materials from the market
It insists that shortages are in part the result of companies limiting sales due to fear of future scarcity.
Trade minister Ryosei Akazawa said Bank of Japan policy could be used to strengthen the yen and curb rising prices, as the central bank considers a rate hike to counter inflation driven by the Iran war.
BUSINESS / Economy
Apr 12, 2026
BOJ policy to boost yen could be an option to curb inflation, minister says
The central bank weighs raising interest rates this month to ​counter inflation spurred by the Iran war.
Industry minister Ryosei Akazawa speaks during an online gathering of officials of Group of Seven leading industrialized nations on Monday. Akazawa has been named Japan’s critical-materials czar by Prime Minister Sanae Takaichi.
BUSINESS
Mar 31, 2026
Akazawa appointed critical-materials czar in response to conflict in the Middle East
Prime Minister Sanae Takaichi said the industry minister is tasked with reviewing the supply situation and developing policy responses.
A gas station in Tokyo on Friday.
BUSINESS / Economy
Mar 18, 2026
Japan to roll out gasoline subsidies amid record-high prices
The national average retail prices of gasoline have exceeded ¥190 per liter.
Minister of Economy, Trade and Industry Ryosei Akazawa speaks to reporters in Tokyo on Sunday after a two-day forum on energy security in the Indo-Pacific region.
BUSINESS / Economy
Mar 16, 2026
Japan and U.S. to work together to prevent critical mineral disruptions
The two countries will work to prevent supply disruptions for critical minerals resulting from possible export restrictions by resource-producing countries.
Industry minister Ryosei Akazawa addressed an Indo-Pacific Energy Security Ministerial and Business Forum on Saturday, calling on regional leaders to diversify their energy supply.
BUSINESS
Mar 15, 2026
Akazawa implores Asian partners to diversify energy suppliers
The industry minister said that the region depends on imports for more than 80% of its energy compounding the damage caused by the conflict between U.S.-Israeli forces and Iran.
Ryosei Akazawa, Japan's industry minister, has asked Australia to increase production of LNG amid the war in the Middle East.
BUSINESS
Mar 14, 2026
Japan industry ministry asks Australia to boost LNG output amid Iran crisis
Japan relies on the Middle East for around 11% of its LNG imports, with 6% shipped via the Strait of Hormuz.
Trade minister Ryosei Akazawa said at a news conference in Tokyo on Friday that there is no restriction on oil from Japan's national reserves being sold overseas if the drawdown exceeds domestic demand.
BUSINESS / Markets
Mar 13, 2026
Japan to sell oil from national reserves at pre-Iran war prices
The government “expects refiners that purchase crude at low prices won’t then sell their products at higher prices and pocket the profit.”
Tankers off the coast of the United Arab Emirates. More than 70% of Japan-bound oil shipments pass through the Strait of Hormuz between the UAE and Iran.
BUSINESS / Markets
Mar 11, 2026
Japan ready to join coordinated intervention in oil markets
Concerns have intensified as crude oil tankers bound for Japan ceased navigating the Strait of Hormuz 10 days ago because the war made the passage too dangerous.
Trade minister Ryosei Akazawa meets with U.S. Commerce Secretary Howard Lutnick on Friday in Washington.
BUSINESS / Economy
Mar 7, 2026
Japan asks U.S. not to treat it unfavorably under new tariffs
Trade minister Ryosei Akazawa sought assurances from his U.S. counterpart that the latest U.S. tariffs would not disadvantage Japan.
Trade minister Ryosei Akazawa is making his 12th visit to Washington since tariff negotiations started last April, and the second this year.
BUSINESS / Economy
Mar 4, 2026
Akazawa heading to U.S. to discuss more projects under $550 billion pledge
Three projects have already been agreed upon and others could be concluded soon.
Trade minister Ryosei Akazawa leaves a meeting with Prime Minister Sanae Takaichi on Feb. 16.
JAPAN / Politics
Feb 22, 2026
Japan to keep investment pledge to U.S. after tariff ruling
Some Japanese companies have sued the U.S. government over the tariffs, seeking a refund.
Trade minister Ryosei Akazawa insists that the projects must be good for Japan and turn a profit.
BUSINESS / Economy
Feb 20, 2026
Second round of projects under consideration for Japan’s $550 billion pledge
Next-generation nuclear reactors might be on the short list, reports say.
Trade minister Ryosei Akazawa said that some details of the first projects under Japan's $550 billion capital commitment still need to be worked out.
BUSINESS / Economy
Feb 18, 2026
Trump selects three projects to be funded under Japan’s $550 billion pledge
Japan and the U.S. have agreed on the first round of projects to be funded by Japan, and a strategically important synthetic diamond factory is on the list.
U.S. President Donald Trump, flanked by U.S. Secretary of Commerce Howard Lutnick, delivers remarks at the U.S. Ambassador's Residence in Tokyo on Oct. 28, 2025.
BUSINESS / Economy
Feb 18, 2026
Trump selects investment projects to be funded by Japan
The announcement comes one month before Prime Minister Sanae Takaichi’s planned visit to the White House.
China’s demand for Soviet-style apartments shows limits to revival
Apartments built during a Soviet Union-inspired construction drive in the 1970s and 1980s tend to suffer from poor insulation and outdated plumbing, but they are seeing a revival in interest due to their attractive locations.
Japanese scientists identify neural mechanism that may explain why we dislike people
The aggressive mouse (left) used in the experiment and a mouse defending itself
Japanese payment processor’s collapse hits banks and restaurants
Zentoshin served around 200,000 shops, many of which rely on early payments to maintain cash flow, raising concerns over their financial stability following the disruption.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
Lenders seek $700 million after Japanese payments firm’s collapse
The financial failure of Osaka-based Zentoshin has left 63 creditors with claims totaling ¥115.16 billion, according to Tokyo Shoko Research.
Japan’s largest exhibition of women photographers rights a wrong in cultural history
Miwa Yanagi’s “Elevator Girl House” series skewers the superficiality of gender roles through staged images.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
‘Princess Mononoke’ comes alive in Super Kabuki staging
The “Princess Mononoke” adaptation was created under Shochiku’s Super Kabuki initiative, a modern form of kabuki with more technology in staging and open to pop culture collaborations.
The beating heart inside ‘Human Vapor’
Different forms of love and connection form the emotional backbone of Netflix’s “Human Vapor,” says actor Shun Oguri, who plays troubled detective Kenji Okamoto.
Japan bets on character IP to drive global growth
Born on social media platforms in 2022, Opanchu Usagi has become a major hit, especially among Generation Z.

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